M&A Deal Summary

ACCO Brands Acquires Esselte

On October 24, 2016, ACCO Brands acquired consumer products company Esselte from Prospect Hill Growth Partners for 333M USD

Acquisition Highlights
  • This is ACCO Brands’ 1st transaction in the Consumer Products sector.
  • This is ACCO Brands’ largest (disclosed) transaction.
  • This is ACCO Brands’ 1st transaction in the United States.
  • This is ACCO Brands’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2016-10-24
Target Esselte
Sector Consumer Products
Buyer(s) ACCO Brands
Sellers(s) Prospect Hill Growth Partners
Deal Type Add-on Acquisition
Deal Value 333M USD

Target

Esselte

Stamford, Connecticut, United States
website
Esselte Corp. is a manufacturer and marketer of office and consumer products. It takes products to market under the Leitz, Rapid and Esselte brands in the storage and organization, stapling and punch, business machines and do-it-yourself tools product categories.

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Buyer(S) 1

Buyer

ACCO Brands

Lake Zurich, Illinois, United States

website

Category Company
Founded 1893
Sector Consumer Products
Employees6,000
Revenue 1.9B USD (2022)
DESCRIPTION
ACCO's corporate headquarters in Lake Zurich, Illinois.
ACCO's corporate headquarters in Lake Zurich, Illinois.

ACCO Brands is a designer, marketer and manufacturer of branded business, academic and consumer products. ACCO Brands was incorporated in 1893 and is based in Lake Zurich, Illinois.

DEAL STATS #
Overall 2 of 4
Sector (Consumer Products) 1 of 2
Type (Add-on Acquisition) 2 of 4
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2016) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-21 Pelikan Artline Pty.

Sydney, Australia

Pelikan Artline Pty. Ltd. is a distributor of academic, consumer and business products in Australia and New Zealand.

Buy $103M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-14 GOBA Internacional S.A. de C.V.

Ciudad De Mexico, Mexico

GOBA Internacional, S.A. de C.V. is a marketer and seller of school and craft products in Mexico. Its leading brands include Barrilito, Colop, Delta, Sizzix and Acme.

Buy $31M

Seller(S) 1

SELLER

Prospect Hill Growth Partners

Waltham, Massachusetts, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1995
PE ASSETS 2.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Prospect Hill Growth Partners is a private equity firm specializing in leveraged buyouts and recapitalizations of middle-market growth companies across the US. Prospect Hill looks for profitable businesses ($5 to $25 million of EBITDA) with annual revenues from $50 to $300 million with strong brands and leading market positions. Target sectors include consumer products, healthcare, specialty retail, and asset management. Prospect Hill Growth Partners was formerly known as J.W. Childs and changed its name in 2019. The Firm was originally formed in 1995 and is headquartered in Waltham, Massachusetts.

DEAL STATS #
Overall 17 of 20
Sector (Consumer Products) 3 of 3
Type (Add-on Acquisition) 4 of 5
State (Connecticut) 1 of 1
Country (United States) 17 of 20
Year (2016) 2 of 2
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-14 SunnyD

Cincinnati, Ohio, United States

SunnyD is a producer of juice-based drinks in North America. The Company and brand was originally established in 1963 and is based in Cincinnati, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-12 Siromed Physician Services

United States

Siromed is a physician led organization which specializes in pursuing partnerships with physician practices by providing management services and if necessary working capital to assist them with achieving their strategic initiatives in their specialty.

Buy -
Mergr

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